Welsh Government sets out marine energy ambitions

By agency reporter

November 1, 2018

The Welsh Government's Finance Secretary Mark Drakeford has set out Wales’ ambition to become a leading country in the development of marine energy. He delivered the keynote speech at the Ocean Energy Europe conference and exhibition at the Edinburgh International Conference Centre on 31 October 2018.

The Finance Secretary said: “We are striving to make Wales a leading player in the marine energy field with energy generated from waves and the tide playing an important role in our ambitions for a low-carbon economy.

“Our aim is to generate 70 per cent of our energy from renewable sources by 2030. The marine energy sector can play a significant role in helping Wales achieve this target and will be closely aligned with Wales' First National Marine Plan.

“Over the last 18 months, the EU and Welsh Government has invested in a number of marine energy projects, including Morlais Consent, the Marine Energy Test Area in Pembrokeshire, Bombora Wavepower and Marine Power Systems, as well as ongoing support for Marine Energy Wales.

“All this underpins our ambition to build a thriving industry generating well-paid jobs and business opportunities in Wales. We want to continue to attract developers from around the world to our Welsh waters.”

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